How To Build Differentiation with Promotion
Differentiation More on Promotion
Contents
Your brand’s Differentiation shows its uniqueness in market versus other products and services. To drive your brand’s Differentiation through Promotion you need to look not only at your brand but also the category your brand operates in and how your competitors behave. You should be trying to enter white spaces with your proposition, then flexing that during times your brand is promoting.
To drive your brand’s Differentiation through Promotion there are a few things you should consider:
What can I say that’s unique? When you run a promotion, it is often accompanied by surrounding display units, whether they’re in-store materials or online banners and signage. Using those surrounding materials to educate your brand’s unique selling point helps consumers understand how your brand is different than others out there in a simple and straightforward way.
How can I differentiate my product experience? Going on deal means your volume sales will naturally go up and more of your product will be in more people’s hands. With more usage occasions up and coming, you better be sure that your product provides something for the user that is positively different and will encourage them to try you again – even at full price!
How can you stay current? Competition comes and goes and so do people’s perception of what is unique. Keeping current with trends in the marketplace and understanding the claims and communications of your competitors are things you must do to ensure that when you promote you are differentiated from the others each and every time.
When running a promotion, you’ll know the key timings for your brand, whether it’s a simple week on/week off cycle or a longer promotional campaign. Keep an eye on your brand’s Differentiation over these spans of time to ensure it is growing, and that you have supporting materials surrounding your promotion to flex your brand’s uniqueness.
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